Can a bankruptcy court in which I have filed go after assets awarded to my spouse in our divorce?
betrayedbyboth asked:
My wife and I are divorcing and it looks as though I will clearly have to declare bankruptcy after the divorce. Are the assets awarded to her in the divorce eligible for the court to seize to pay my debts even though they are now hers awarded by a court? I live in Michigan.
My wife and I are divorcing and it looks as though I will clearly have to declare bankruptcy after the divorce. Are the assets awarded to her in the divorce eligible for the court to seize to pay my debts even though they are now hers awarded by a court? I live in Michigan.
April 14th, 2010 at 3:34 pm
If the debts are in both names YES
If you declare bankruptcy in your name only the court will decide what will be
included - -but you must list everything you owe that your name is on even if
it were joint with your X
April 16th, 2010 at 2:51 am
I would visit They have a lot of good information on bankruptcy questions.
April 17th, 2010 at 7:04 pm
Yes, even if the debts were solely in your name. As a general rule, y’all’s marital or community property can be siezed by someone who gets a judgment against either of you. And if some of y’all’s property wound up with your ex-spouse in the divorce, the trustee in bankruptcy can go after it. Ask your bankruptcy attorney about it.